NOT LISTED FOR SALE

Estimated Value: $1,082,000 - $1,209,000

7 Beds
4 Baths
3,296 Sq Ft
$343/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $685,000 $208 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,012/month

19 Days on Market

Highlights

  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • 3 Car Garage

About This Home

As of July 2017

Nice triplex in central Long Beach. Close to shopping centers, 710 & 405 freeways and schools. Great for investment or first time investors. Property has one unit downstairs and two units upstairs with an attached 3 car garage. Must see to appreciate.

Last Agent to Sell the Property

Jimmy Thach

Seal Real Estate License #01386221 Listed on: 05/31/2017

Last Buyer's Agent

Guadalupe Lechuga

Castillo Realty License #01194720

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,168

Year Built

  • Built in 1964

Lot Details

  • 2,857 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,296 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Private Water Source

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 57
  • Assessor Parcel Number 7210012002

Community Details

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • New Taxes Expense $4,735
  • Operating Expense $6,235
  • Gross Income $43,860

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,168

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Westside/South of Willow (WSW)
  • Zoning: LBR1N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7210012002
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 207.83

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 2857.00

Multi Family

  • Gross Income: 43860.00
  • Gross Scheduled Income: 43860.00
  • Insurance Expense: 1500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 6235.00

Tax Info

  • New Taxes Expense: 4735.00
  • Tax Census Tract: 5732.02
  • Tax Lot: 1
  • Tax Tract Number: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Jun 23, 2017
Sold by
Lim Christopher and Huynh Que
Bought by
Magdaleno Armando
Seller's Agent
Jimmy Thach
Seal Real Estate
Buyer's Agent
Guadalupe Lechuga
Castillo Realty
List Price
$670,000
Sold Price
$685,000
Premium/Discount to List
$15,000
2.24%
Current Estimated Value
$1,131,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,399
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Aug 5, 2011
Sold by
Rubio Cecilia
Bought by
Lim Christopher and Huynh Que

Purchase Details

Closed on
Jun 24, 2004
Sold by
Uchio Ted
Bought by
Rubio Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,600
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2004
Sold by
Uchio Alejandra
Bought by
Uchio Ted

Purchase Details

Closed on
Jan 14, 2004
Sold by
Shoemaker Timothy D and Shoemaker Antoinette P
Bought by
Uchio Ted

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,400
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Shoemaker Timothy D and Shoemaker Antoinette P
Bought by
Shoemaker Timothy D and Shoemaker Antoinette P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2002
Sold by
Brown James R
Bought by
Brown Betsey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,884
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2002
Sold by
Brown Betsey E
Bought by
Shoemaker Timothy D and Shoemaker Annette P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,884
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 1998
Sold by
Brown Betsey E and Brown James R
Bought by
Brown Betsey E

Purchase Details

Closed on
Oct 21, 1993
Sold by
Brown Betsey E
Bought by
Brown Betsey E and Brown James R
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Magdaleno Armando $685,000 First American Title Company
Lim Christopher $347,000 Investors Title Co
Rubio Cecilia $592,000 Fidelity National Title Co L
Uchio Ted -- --
Uchio Ted $415,000 Ticor Title Company
Shoemaker Timothy D -- Chicago
Brown Betsey E -- Fidelity Title
Shoemaker Timothy D $260,000 Fidelity Title
Brown Betsey E -- --
Brown Betsey E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rubio Cecilia $560,000
Previous Owner Rubio Cecilia $473,600
Previous Owner Uchio Ted $373,400
Previous Owner Shoemaker Timothy D $306,000
Previous Owner Shoemaker Timothy D $259,722
Previous Owner Shoemaker Timothy D $255,884
Closed Rubio Cecilia $88,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $685,000 +2.2% $208 / Sq Ft
05/31/2017 05/31/17 For Sale $670,000 -- $203 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,168 $779,408 $227,563 $551,845
2024 $10,168 $764,126 $223,101 $541,025
2023 $9,996 $749,144 $218,727 $530,417
2022 $9,388 $734,456 $214,439 $520,017
2021 $9,190 $720,056 $210,235 $509,821
2019 $9,059 $698,700 $204,000 $494,700
2018 $8,807 $685,000 $200,000 $485,000
2016 $4,735 $368,178 $212,207 $155,971
2015 $4,552 $362,649 $209,020 $153,629
2014 $4,532 $355,546 $204,926 $150,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17121067

California Regional Multiple Listing Service (CRMLS)

APN: 7210-012-002